We are selling at 2065 , with a target of 2048 , Set stop loss at 2072, The reaction is due to chnages in Bond market, And aftermath of Fed meeting.
GOING FOR LOW BUDDY, Rising pattern indicating the lower movement for trend, will go for extrem low downside
Market Analysis Report -02/02/2024 NFP Overview: The following analysis provides insights into current market conditions based on recent data and live prices for Gold (XAUUSD), the US Dollar Index (DXY), USDJPY, and Silver. 1. Federal Reserve Interest Rate Outlook: The Federal Reserve has maintained its interest rates, as per recent information. A strict denial...
I have explained the expected movement on chart but final confirmation must be from Orderflow Analysis. I will be looking for trapping and absorption in circled area.
Gold price rose in the last four consecutive days while defending the early-week breakout of the 21-SMA and the 50-SMA. In doing so, the XAUUSD also jumped to the highest level in a month. However, the bullion failed to provide a daily closing beyond a downward-sloping resistance line, around $2,055-56 by the press time. It’s worth noting, though, that successful...
XAUUSD Since last FOMC int rate Decline has been trending under same range, My given range is awaited for further actions. I will wait till at least 2 ranges so that we can be more sure. tomorrow with NFP data release the course of gold values might change and we will get more clear entries for performing on portfolios.
I am considering a potential entry point for a purchase on XAU/USD in the vicinity of the 2030 region. I will be monitoring market conditions closely for favorable signals before making any trading decisions. Stops will be below 2026 with an objective of 150 pips
simple analyse from my side for more u can follow me FXOPEN:XAUUSD
Gold is Trading high nowadays, So We have analyzed the Gold levels... Educational purpose only .... Hope you can catch the Target levels...
Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2042.50 SL 2047.00 (-45 PIPS) TP 2030. 50 (+125 PIPS) Reason Retesting Yesterday Low Breaked Minor Support @ 2044 Obey Major Resistance @ 2055 in 4H Trendline
bullish for next session easy and simple close ur eyes and depend on it
As Mentioned in the comments section of the last post. 2055 has been capitalised by Bears. So it is still Too Early to Write off the Bears. Even FOMC, like most of the times has failed to give directions. NFP could finally provide clearer Directions hopefully. Until then, Expecting a Rangebound Movement Between 2053 zone & 2021 zone.
Hello everyone! Today, the price of gold touched the levels of 2034 and 2036 USD at the beginning of Wednesday and is still mainly trading sideways as of the time of writing, although it is receiving strong support from the 2015 USD level and breaking out of the previous downtrend channel. Overall, the US dollar is regaining its position in the context of risk...
Hello everyone! Yesterday, gold experienced a significant price increase, jumping from 2030 to 2056 USD, equivalent to nearly 26 USD. Currently, the price is adjusting and currently stands at 2040-2041 during the early trading hours of the Asian session, with prospects still favoring the buying side. Despite the DXY index showing signs of development, gold...
Repositioning in the bond market before the Fed interest rate decision and Chair Jerome Powell's press conference contributes to the persistent weakness in US Treasury bond yields. The Federal Reserve is anticipated to maintain unchanged interest rates following its two-day policy meeting on Wednesday. Attention will be on Powell's post-meeting press conference...
Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2053.34 SL 2058.34 (-50 PIPS) TP 2043.10 (+100 PIPS) Reason Behind Sell 1. Obey Golden Ratio 0f 0.618 @ 2055 2. Obey Parallel 4H Trendline 3. Retesting the DAY BREAK of 2030
In recent market developments, the XAU/USD (Gold/US Dollar) pair has experienced a notable breakout on the H4 (4-hour) chart, triggered by the release of key economic data from the United States. Breakout Analysis: The H4 chart indicates a clear breakout, signaling a substantial movement in the price of Gold against the US Dollar. Traders and investors are...
gold technical analysis in weekly time frame gold next possible movement. as we can see in anally-sing that market trend is up trend and also completed its 4th elliote impulse wave and might be create history all time high and make 5th wave